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Pike County, KY&

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Population
62,791
1.01% decline
Median Age
41.5
Median Household Income
$32,816
1.11% decline
Poverty Rate
25.2%
Number of Employees
20,843
0.09% decline
Median Property Value
$73,100
3.84% growth

Economy

The economy of Pike County, KY employs 20,843 people. The economy of Pike County, KY is specialized in Mining, Quarrying, Oil, Gas Extraction; Utilities; and Educational Services, which employ respectively 16.64; 1.29; and 1.27 times more people than what would be expected in a location of this size. The largest industries in Pike County, KY are Healthcare & Social Assistance (3,547), Retail trade (2,761), and Educational Services (2,463), and the highest paying industries are Mining, Quarrying, Oil, Gas Extraction ($63,518), Real Estate, Rental & Leasing ($50,438), and Utilities ($48,672).

Median household income in Pike County, KY is $32,816. Males in Pike County, KY have an average income that is 1.52 times higher than the average income of females, which is $31,241. The income inequality of Pike County, KY (measured using the Gini index) is 0.405 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Pike County, KY. In Pike County, KY the age groups most likely to have health care coverage are 6-17 and 55-64, men and women, respectively. The location has a 1 to 86 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $11,098. Perry County, KY has the highest prevalence of homicides of any county in Kentucky.

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Diversity

Pike County, KY is home to a population of 62,791 people, from which 99% are citizens. The ethnic composition of the population of Pike County, KY is composed of 60,978 White residents (97.1%), 538 Black residents (0.86%), 495 Hispanic residents (0.79%), 334 Two+ residents (0.53%), and 323 Asian residents (0.51%). The most common foreign languages in Pike County, KY are Spanish (436 speakers), German (112 speakers), and Tagalog (90 speakers), but compared to other places, Pike County, KY has a relative high number of German (112 speakers), Tagalog (90 speakers), and Urdu (23 speakers).

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Education

In 2015 universities in Pike County, KY awarded 361 degrees. The student population of Pike County, KY is skewed towards females, with 175 male students and 186 female students. Most students in Pike County, KY are White (324 and 89.8%), followed by Black or African American (20 and 5.54%), American Indian (2 and 0.55%), and Hispanic or Latino (2 and 0.55%). The largest universities in Pike County, KY by number of graduates are University of Pikeville (350 and 97%), Appalachian Beauty School (11 and 3.05%), and N/A (N/A and N/A). The most popular majors in Pike County, KY are General Business Administration & Management (48 and 13.3%), General Biological Sciences (41 and 11.4%), and Speech Communication & Rhetoric (25 and 6.93%). The median tuition costs in Pike County, KY are N/A for private four year colleges, and $19,600 and $19,600 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Pike County, KY is $73,100, which is 0.36 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value increased from $70,400 to $73,100, a 3.84% increase. The homeownership rate of Pike County, KY is 72.8%, which is higher than the national average of 63.6%. People in Pike County, KY have an average commute time of 23.9 minutes, and they commute by Drove Alone. Car ownership in Pike County, KY is approximately the same as the national average, with an average of 2 cars per household.

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